A federal judge in Baltimore is ordering M&T Bank Corp. to forfeit $560,000 in drug money laundered through a branch in Perry Hall.
M&T Bank’s name will stay on the Baltimore Ravens’ stadium through 2027.
U.S. banks are ending the year with their best profits since 2006 and fewer failures than at any time since the financial crisis struck in 2008. They’re helping support an economy slowed by high unemployment, flat pay, sluggish manufacturing and anxious consumers.
Police in Prince George’s County are looking for a suspect wanted in two separate bank robberies and have released a surveillance photo of the man.
Montgomery County Police and the FBI are investigating a robbery of the M&T Bank in Rockville Wednesday morning.